The IMD Wrap: Freshly back from the hospital, Max sizes up the booming (or is it?) fintech investment universe and wonders where to sock away his retirement savings.
Waters Wrap: Reading the tea leaves, Anthony predicts BlackRock’s Preqin deal, Securitize’s IPO, and numerous public comments from industry leaders are just the tip of the iceberg.
Additionally, while the vendor’s new private credit tools haven’t yet translated into outsized sales revenue, Henry Fernandez says “they will” in the future.
After losing the bid for the UK’s bond CT, Ediphy sued the UK regulator, halting the tape’s implementation. Now, the FCA is asking the UK’s High Court to end the suspension and allow it to fight Ediphy’s claims in parallel.
If granted, the recent motion for class certification in the ongoing case against Cusip Global Services would allow end-user firms and third-party data vendors alike to join the lawsuit.
The assets that formerly comprised IEX Cloud will underpin a new market data platform that hopes to give SIX Group and its data consumers a closer, more controlled relationship.
In response to LSEG’s motion to dismiss a lawsuit filed by the founder of one of its acquired companies, lawyers for Patrick Flannery have offered more details around communications between MayStreet and the exchange group.